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Islamic Personal Finance for UAE Nationals

Islamic Personal Finance for UAE Nationals

First Abu Dhabi Bank (FAB)

SALARY TRANSFER

Yes

FLAT RATE

2.47 %

MONTHLY SALARY

AED 7,000

REDUCING RATE

4.70 %

  • High finance amounts - up to AED 5 million
  • 2.47% (equivalent to a reducing rate of 4.70%) p.a
  • Flexible payment period up to 48 months
  • 210 day grace period for first payment

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 7,000

Fixed Rate

2.47 %

Reducing Rate

4.70 %

Max Loan Amount

5,000,000

Key Features

  • 2.47%* (equivalent to a reducing rate of 4.70%*) per year- With Multi Product Package (with a salary transfer to a FAB Islamic savings account and Islamic credit card)
  • 3.29%* (equivalent to a reducing rate of 6.2%*) per year - With a salary transfer to a FAB Islamic savings account without an Islamic credit card
  • Finance amount upto AED 5 Million
  • 210 days grace period
  • Comprehensive personal life Takaful coverage

*This offer may be withdrawn or amended at any time at the bank’s discretion.